What is the type of change that typically requires new skills, capabilities, and significant new resources?
a. reactive
b. proactive
c. incremental
d. discontinuous
d. discontinuous
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Which internally generated document should be compared to the supplier's invoice to verify the price of an item?
A firm must establish control policies, procedures, and practices that ensure the firm's business objectives are achieved and its risk mitigation strategies are carried out.
Answer the following statement true (T) or false (F)
In computing a transfer price, the minimum price should be no lower than the incremental costs associated with the goods plus the opportunity cost of the facilities used
Indicate whether the statement is true or false
Angela, owner of Sift Cupcakes, a specialty baking company, has decided to consult with her staff before introducing nonmonetary incentives to enhance employee motivation. When she asked her staff for with some ideas, she decided to implement all of the following EXCEPT
A. eliminating perks and fringe benefits, such as maternity leave and onsite child care. B. sharing information with staff about the company's strategic plan and its operating and financial performance. C. providing opportunities for employees to quickly move up the ranks to join the management level. D. creating a work atmosphere where there was genuine caring and mutual respect among staff and between management and staff. E. giving awards and public recognition to high performers and showcasing company successes.